Ethereum Price Set for a Shift as Large Holders Buy In

Description

ETH shot up above $2,700 in the past 24 hours as chances of a reversal rose. Between Feb 1 and Feb 9, the number of addresses having more than 10K ETH rose 2.30%. ETH whales withdrew 121,512 ETH (~$323.4 million) from Bitcoin and Bitfinex crypto exchanges. ETH is on the verge of a potential short-term reversal as the cryptocurrency currently trades at $2,700.01, up 2% in the past day. According to noted crypto analyst Ali Martinez, deep-pocketed investors, known as whales, have been snapping up ...